ConocoPhillips (COP) results explained: sales up 19%

Quantooo Lab · 2026-11-05

What happened?

ConocoPhillips (COP) reported results on 5 Nov, covering the 9 months to 30 Sep.

The numbers in plain words

Sales were up 19.3% compared with the same period a year earlier. The company is funded more by borrowing than a year ago (48% of assets vs 47%).

Source: the company's 10-Q filed 2026-11-05.

How did the share price react?

Since the results, the share price has moved −1.08% (to the close of 5 Nov), while the S&P 500 moved −4.41%.

What changed in our score?

Our score went from 48 to 62 out of 100; the fundamentals part went from 56 to 62. Every step of the calculation: COP stock page.

How bumpy could the next month be?

Our volatility model expects the next month to be bumpier than usual for COP (31% a year vs a normal 29%).

What does it mean?

Results describe the past few months. They don't tell you where the price goes next, and our own tests found our scores don't reliably predict that either.

Educational, not investment advice.